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Re: Johnnyiwantsome post# 514798

Sunday, 03/25/2018 2:10:35 PM

Sunday, March 25, 2018 2:10:35 PM

Post# of 734848
So we are collecting interest on the money held by FDIC-R.

Using a backward calculation, if 19M represents 1% (Treasury Bill rate) of our money then it comes from 19M * 100 = 1900M or 1.9B. Hmmm, that's not a lot. I hope that there is other cash currently held by WMILT.

I just reread. The increase is for one quarter. So we have tp multiply what I have above by 4.

1.9B * 4 = 7.6B.